In such a case, will the concept of money be wiped out from existence ?

    • BlameThePeacock@lemmy.ca
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      6 months ago

      Not necessarily. Lots of people already release their “fun” things they make for free. If you had all your needs taken care of, you could release anything you made for free a lot more easily.

      That being said, there will always be limits even if you don’t have to work, there are only so many major sports teams that can be owned by a single person. There can only be so many stays per night at fancy hotels in a particular city.

    • AbouBenAdhem@lemmy.world
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      6 months ago

      Historically, barter only tends to appear in communities used to a monetary economy when something temporarily disrupts the currency system. The more common pattern of commerce within communities not previously accustomed to currency is that goods are given in one direction at a time, and incur an informal social debt that may be eventually be repaid with reciprocal goods or by some other means entirely (e.g., support during community disputes).